McEwen Ranch | Logan Ranch | Tract # 1

  

PROPERTY DESCRIPTION

McEwen Ranch, Logan Ranch Tract # 1

The Logan Ranch is a very good Northeastern New Mexico ranch with easy access and excellent improvements. The ranch consists of 3,425+/- deeded acres, 520 NM State lease acres, and has been strategically improved and well managed. The topography transitions from level to rolling on the east to canyon breaks on the far west side of the ranch. The fences and cross fences are good to new with approximately 12 miles having been recently built. On the north end of the ranch there is a new set of pipe pens with a working chute, scales, truck load out, and a bunkhouse/hunting cabin. Water is furnished by 3 electric wells and distributed through underground pipeline to fiberglass stock tanks. The ranch is home to a variety of wildlife including mule deer, antelope, quail, and dove. Additionally, 2,929.87+/- acres are enrolled in Grasslands CRP for an annual payment of $44,963. The McEwen Ranch tracts #1-4 are offered together for sale as one unit but may also be purchased individually or in combination by multiple buyers subject to acceptable offers. In any event THE SALE OF EACH TRACT IS CONTINGENT UPON THE SUCCESSFUL CLOSING OF ALL TRACTS # 1-4. Co-listed with Scott Land Co.

PROPERTY LOCATION

North of Logan, Nm on NM-39 to CR E. West off the pavement less than 1/4 mile to the ranch.

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PROPERTY INFORMATION

Price: $2,996,910
Total Acres: 3,425
Price per Acre: $875
Grass Acres: 3,425
CRP Acres: 2,324
CRP Payments: $44,963
CRP Expiration: 2032, 2037, 2039
Taxes: $625
Reservations:

PROPERTY MAPS